In the Event of Financial Distress, Open-Ended Mutual Fund Investors

question 7

Multiple Choice

In the event of financial distress, open-ended mutual fund investors

• A)have an incentive to cash in their shares quickly since they are paid on a first come, first served basis.
• B)have an incentive to avoid a run since that will deplete the fund net asset value.
• C)have an incentive to cash in their shares quickly since that will increase the fund's net asset value.
• D)will switch into low risk bank deposits.
• E)have an incentive to avoid a run since the Federal Reserve guarantees mutual fund holdings.

Describe the impact of pharmacological interventions on psychological disorders.

Recognize the principles and aims of different therapeutic approaches and their effectiveness.

Understand the importance and effectiveness of randomized clinical trials and control groups in medical research.

Recognize the principles and methods of different psychotherapeutic approaches including client-centered, psychoanalytical, and cognitive-behavioral therapies.

---

Definitions:

Hamburger

A popular food item consisting of a cooked patty, usually of ground beef, placed inside a sliced bread roll or bun, often served with various accompaniments and condiments.

Price

The amount of money that must be paid to obtain a given product or service.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen.

Hot Dog

A cooked sausage, traditionally grilled or steamed, and served in a partially sliced bun as a fast-food.